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GOLD ( XAUUSD ) Short Term Selling Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexPlanet20
XAUUSD Friday Review Gold directly broke through the early suppression line of 1993 under the influence of Friday's non-agricultural data, and the price reached around 2004. In Friday's channel, I told everyone that if it breaks through 1993, gold will be bought directly. In fact, the data was released Finally, the time to buy is completely sufficient. The price of gold is artificially high. With the support of multiple news data, it still fell back to around 1992. From a technical perspective, once gold falls around 1970, it will break through the bullish trend. I will bring more analysis next week. If you want more signals and analysis next week, join me
FX:XAUUSD
by Krause_Philipp
GOLD NFP CALL OUT - I don't trade news but it's fun to AnalyzeHey guys what's up Brandon here - So I believe in buys for NFP on GOLD but I will not be trading it as I don't think it makes sense to take that risk. At one point in my tenure as a trader about a year or so ago - Every single NFP I was able to call and get it right and I traded 0\17 NFP events that I got right. It isn't worth it Quick gains can be just as quickly wiped out - Especially on GOLD. That being said I do believe that gold is a bull market still and buys are still very much the name of this game. In light of that I think it makes sense however for gold to drive price down a bit before buying further because if it wanted to buy it would have done so already. I think it doesn't have enough energy to make it's move and it is relying on the fact that everyone is attempting to buy it now to inject liquidity so that it can be taken and used for EVIL lol This is my exact reason for not trading News - What if I am wrong...what if it just sells, what if it just buys? I hate to know that not only I am wrong even though I did my homework but also how easily the spreads can be manipulated at this point. I am sure we all have some horror stories about how you couldn't even close your trade during the news because your broker decided to throw you under the bus. Godspeed to anyone who is attempting to take a trade today for the NFP event - you may get it today but I think sooner or later the market will get you - it always does and you don't want to get got from the market. Let me know what you think and do you agree with my approach? Have a great weekend guys :)
OANDA:XAUUSDLong
by Brandon_evo4
XAUUSD:30/10 Today’s Trading StrategyThe three positive lines of the Golden Week rose strongly. After a long period of consolidation last week, at the end of the day, heavy volume broke through the high point and stood firmly above the 2000 mark. After the daily line continued to consolidate and gain momentum, it closed the positive line again and continued to rise. The daily line is bullish. The weekly positive trend has been strong. The previous retracement low serves as the critical point for bulls this week, and the short-term rise will further continue. The next goal is most likely to challenge the previous high. ​ The 4-hour chart gathers momentum around the middle track, and then cooperates with the big positive line to pull up and close at a high level. The bulls consolidated strongly to replace the callback. The previous low of 1953 served as the rising low of the second wave. After pushing through the high, it formed the rising trend of the second wave. The high of 1990-1995 was converted into today's support. The high trend will continue at the beginning of the week. It is expected that Asia If the market pulls back slightly, the European market will move higher. The 1-hour chart consolidated and corrected after a wave of positive gains, pulling up and closing at a high level. It is recommended to go long on dips today. BUY:1994~1996 SL:1989 TP1:2001 TP2:2006 SELL:2016~2018 SL:2021 TP1:2010 TP2:2004
OANDA:XAUUSDLong
by ActuaryJ
GOLD 4H :Interest Rate hike !!GOLD New forecast Interest rate hike scenarios Everyone has two options: to confirm or raise 25 basis points, but the decisive point is Powell’s speech 🔴Installation and all banks in the world expect installation It is positive for gold, indices, and currencies if interest is proven, and Powell confirmed the tightening in the future 🔴The raise is 25 basis points, but expectations do not exceed 5%, which is positive for the dollar and negative for gold, oil, indices, and currencies. Technical abstract : The price of gold ended yesterday's trading with strong negativity, as it confirmed breaking the support of the ascending channel to begin a downward correction, on its way to testing the 1964 level as a first negative station, keeping in mind that breaking this level will push the price to conduct an additional downward correction, with its next target reaching 1947. Therefore, a bearish bias will be expected for today, and breaking 1976 will facilitate the price’s task of achieving the proposed targets, while breaking 2000 will stop the current negative pressure and lead the price to try to restore the main upward trend again. The expect range trading for today it will be between resistance line 2000 and support line 1964 until stabilized . Additionally ,Today News will affect the market . support line : 1964 , 1947 resistance line :1984 , 2000 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAUUSDShort
by Arazmajeed
2
XAUUSD:26/10 Today’s Trading StrategyGold prices rose rapidly in the short term on Thursday. Although the U.S. 10-year Treasury bond yield climbed 13 basis points to 4.95% on Wednesday and the U.S. dollar index rose 0.24% to 106.79, the gold price seemed unaffected by the recent strength of the U.S. dollar. Hitting a one-week high above 1985. According to the description of gold's K-line chart yesterday, it can be seen that the price of gold closed with a long lower shadow line and was close to a cross star pattern, which indicates that gold has certain support at the low of 1953. Generally speaking, after this pattern appears, the shadow line will often be covered the next day and the bullish move will continue. The gold market showed a volatile long and short trend in yesterday's trading. When the price hit 1962, gold bulls rose rapidly. After the highest point hit 1987, it came under pressure and finally closed at 1979. At the daily level, a physical small positive line was included, further responding to the previous long lower shadow line rising pattern. The price of gold has broken through the previous high at a high price, which is undoubtedly a manifestation of a bullish pattern. On the 4-hour chart yesterday, the price of gold fluctuated back and forth between the upper and lower Bollinger Bands. It consolidated and transitioned during the Asian and European trading sessions, and showed a trend of rising first and then falling during the US trading session. Despite the tug-of-war between the upper and lower Bollinger Bands, the price still recovered to a higher position at the end of the session. The current opening price is at the upper track of Bollinger Band, and the lows are constantly rising. The 4-hour chart shows that bulls are trading sideways, waiting for further gains. We need to pay attention to the resistance of 1997-2000 at the top; we focus on 1977-1970 at the bottom. SELL:1995-1997 SL:2002 TP1:1900 TP2:1885 BUY:1977-1979 SL:1972 TP1:1986 TP2:1992
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:27/10 Today’s Trading StrategyYesterday, the price of gold rose to an intraday high of 1993.52 during the European trading session, but then fell back, finally closing up 0.26% at 1984.74. From a fundamental perspective, the trend of spot gold prices is affected by multiple factors. On the one hand, global economic instability, geopolitical tensions and uncertainty in financial markets will drive investors to seek safe-haven assets, thereby increasing gold prices. On the other hand, the trend of the US dollar index also has an impact on the price of gold. Gold bulls once again tested the 1990 pressure level, but were unable to break through further due to the impact of unfavorable GDP data. Although it encountered resistance above 1990, strong support appeared in the 1970 area when it fell back, showing that the power of bulls cannot be underestimated. The market continues to observe pressure conditions around the 2000 mark, but the overall trend remains bullish. The bulls gradually took advantage, the lows continued to rise, and the highs gradually rose, showing a positive trend in market sentiment. The gold 1-hour level shows obvious bullish rising characteristics, and the K-line continues to run above the moving average. Each correction can be supported by the moving average and rebound quickly, forming an effective trend line support. Gold is still operating according to this law. After stepping back on the moving average support in early trading, you can continue to go long, and secondly, you can continue to go long near 1980. We need to pay attention to the pressure level above, which is the high point of 1997. Once it breaks through, it will start a new band of rise. Then it is recommended that the short-term operation idea of ​​gold during the day is to mainly pull back and go long, and then consider selling at a high level. The resistance at the top focuses on the 1997-2000 line, and if the level breaks, we will continue to look at 2020. The support at the bottom focuses on the 1980-1982 line. SELL:1997~2000 SL:2003 TP1:1990 TP2:1985 BUY:1980~1982 SL:1975 TP1:1990 TP2:1996
OANDA:XAUUSD
by ActuaryJ
XAUUSD:25/10 Today’s Trading StrategyGold rebounded near the four-hour lower track support yesterday. It once touched the $1977 line during the session, then retreated to $1970, and finally closed with a cross line. From a disk perspective, the daily chart shows a double cross pattern, indicating that the market is repeatedly reaching tops, but the bullish power has not completely subsided. Last night's rebound also confirmed this. Well, today gold started to rebound after falling to the 1970 line at the opening. The gold price is currently fluctuating near the 1974 line. Judging from the current trend, the upper pressure on the 1982 line is the key resistance level, while the rebound and downward trend line is suppressed on the 1977 line. In addition, the daily closing line for two consecutive trading days showed an inverted hammer positive line shape, and the negative closing line overnight also indicated that the market may be weakening. Gold broke through yesterday and fell. The rebound failed to return above 1980. The market began to fluctuate. The current rebound is close to pressure. In early trading, it relied on the pressure of 1980 to fall! The downward trend in the gold market remains unchanged. 1975 is exactly at the Fibonacci 50% division position on the hourly chart, and is also the suppression point of the upper trend line on the hourly chart. Looking at the 1-hour level, gold has started to fall from the 1997 position. It has already experienced two downward trends, and the K-line directly fell below the moving average support. Yesterday's rebound failed to return above the moving average, and the moving average is about to form a dead cross! This has never happened before in gold’s rise! This means that the rise in gold is over and the adjustment has begun! Gold's rebound in the U.S. market yesterday was a little bigger. The market first returned to volatility, and it shot up to 2,000 points and fell back. This shows that it is still a bit difficult to win 2,000 points in one fell swoop without special stimulation in the short term. Observing the previous trend, after the first double top pattern appeared, gold corrected downward by $10. After the second double top pattern appeared, gold fell by $20. According to this rule, the third correction should correspond to a decline of $30. If the calculation is based on $1,977, the price of gold may fall further to around $1,947 in the future. In terms of operation ideas, it is recommended to mainly go short on rebounds, and then go long on the position. The top short-term focus is on the 1980-1982 first-line resistance, and the bottom short-term focus is on the 1950-1947 first-line support. BUY:1959~1961 SL:1954 TP1:1968 TP2:1974 SELL:1977-1980 SL:1985 TP1:1970 TP2:1964
OANDA:XAUUSDShort
by ActuaryJ
1
GOLD Continues to SURGE Higher Despite Seller thinking otherwiseWhat's up folks - I am met with an absolutely pleasant surprise here on this trade, lovely way to end the week - and let me say this I am not closing my gold trade here. I honestly at this point see Absolutely NO reason to close my buy because in order to close a buy technically you are selling your position. If you don't think the market will sell, why would you sell? - I don't think the market would sell so I am not going to close my buy. I am glad I stood my ground with my bias and so far it is continuing to pay dividends.. To the sellers who thought GOLD would sell this week...not saying that you were wrong but I think you didn't observe all of the facts. I think majority of the analysis that I saw that the sell argument were only surface level. But it is what it is Have a great weekend guys!
OANDA:XAUUSDLong
by Brandon_evo4
2
XAUUSD: 24/10 Today’s Trading StrategyThe U.S. dollar index fell rapidly on Tuesday, approaching the 105.40 mark, while the gold price exceeded 1980. Gold has recently experienced a period of consolidation after rising, but short-term price pressure cannot be ignored. Previously, gold prices stagnated near the psychological mark of $2,000, but with the U.S. dollar index falling, will gold show strong momentum again? Gold fell slightly yesterday to correct last Friday's gains. At present, gold is in a sideways consolidation stage, the rate of rise has slowed down slightly, and the US dollar is also slightly weak, so gold temporarily lacks the motivation to rise further. In the short term, gold is gathering strength. The daily chart shows that it has entered the correction phase of the second trading day. Today and tomorrow are critical times. Usually in a strong market, the current space begins to converge. In addition, there was no further rise yesterday. In the short term today, it may be Continue to make corrections. The disk shows certain resistance to falling, with the central axis support located near 1965. The short-term trend within the day is likely to rise within the range of 1965. Since it has not been able to stabilize above 1980, the bullish power seems to be a little weak, so we need to be wary that this rise may stop at the key position of 2000. After all, the unilateral rise in technology has led to overbought conditions, and there is a demand for a correction in the market. However, as long as the situation in the Middle East remains unstable, demand for gold as a safe-haven asset will remain strong. It is unrealistic for short sellers to reverse the strong trend and fall sharply. Therefore, in terms of intraday operations, it is recommended to consider placing long orders during the retracement. The following still focuses on the support level of 1964-1950, focusing on whether the 1970 mark can be held. If it falls below this support level, it may test the support level near 1960, while the upper resistance level is near 1982, which may be broken through within the day. Therefore, above, we will first pay attention to whether 1990 can form an effective suppression, and then look at 2000. If the 1H line stands firm at 1990, then short selling is not recommended. SELL:1991-1993 SL:1998 TP1:1985 TP2:1980 BUY:1970-1972 SL:1964 TP1:1979 TP2:1984
OANDA:XAUUSDLong
by ActuaryJ
GOLD BULL Move Explained - Why I THINK Traders Stay LOSING!What's up folks, so this is an update video just to explain why I think gold did what it did. By no means is the the 100% only way and there are thousands of ways to approach this, but this is the way that works for me and I think it makes sense. I will continue to say Everything about what I think could be absolutely wrong which is completely fine with me but so far it seems to be working and has been doing so for approach 8 years now. I think most traders simply do not think about their analysis long and hard enough, they don't try to understand why they see what they see. Even if they lose a trade they don't try to break down that loss and figure out what they could have done better or different. The Gold market loves traders like this as they are easy targets. Gold has no problem taking you for all that you have and then some more. The signs that gold was going to continue to buy were as follows: - Still a bull market overall (higher timeframe) - Currently a bull market from Oct 6th 2023 (lower timeframe) - The dealer would have been validating\inducing sellers on this recent move downward - People for some reason would be convinced that the war would cause gold to sell (I really don't understand where this belief is coming from btw) - Traders thinking because it is at a high that it has to drop (meaning liquidity from sellers would be injected) - Multiple news events being released over the last few days making traders believe that that would be the catalyst to cause gold to drop (induction) - Traders believing that they just need to go against the direction to get the best possible entry (this is conditioning that the dealer would have worked really hard for years and years to establish) - Traders not understanding that a basic technical analysis is not enough to decipher what is actually happening causing them to see false moves that really aren't there and I could probably go on and on. But all in all I really want to drive home the idea that your analysis is supposed to give you complete faith in yourself. So much faith that you should be willing to back up your claim with your money and that is where executing the trade comes in. One thing you cannot do is be bouncing around from going bullish to bearish etc etc. If you weren't solid on a direction gold probably would have dealt with you some time this week But let me stop here. Have a great day guys :)
OANDA:XAUUSDLong
by Brandon_evo4
5
XAUUSD:20/10 Today’s Trading StrategyDuring the Asian trading session on Monday, gold opened at 1964.81 after opening sharply lower at about $15. Last Friday, gold prices closed at 1980.24. However, the rebound in gold prices was blocked after a sharp gap and opened low, hitting a low of 1964.23. Regarding the trend of the gold market, we can see that the price of gold fell significantly in Monday's trading. This decline is related to concerns about the global economic recovery and declining investor demand for safe-haven assets. In addition, the recent uncertainty of the domestic political situation in the United States has also had a certain impact on the trend of gold. Gold opened lower today and showed a downward trend, stabilizing and fluctuating after hitting $1,964. A small Yang line with an upper shadow line appeared at the daily level, and gold broke through upward for five consecutive days, starting a new upward trend. Gold is looking for support after today's lower open. From a four-hour perspective, gold is currently running in a strong upward channel. After breaking through the high of $1964 for the first time last Wednesday, gold experienced a correction and subsequently broke through to the high of 1997. The original resistance level was converted into a support level. The starting point below 1950 is also a relatively strong support level. Therefore, in terms of intraday operations, it is recommended to consider placing long orders as the main option during the retracement and short orders as the supplement. At the bottom, we need to pay attention to the support level of 1964-1950. If the stop loss of 1964 breaks downward, then the bottom can continue to increase near 1950. The top needs to pay attention to the break of 1997. If this position is broken, then 2000 will definitely form a short-term support, and it will continue to rise. Break through the 2020 position. SELL:1982-1984 SL:1889 TP1:1976 TP2:1970 BUY:1964-1966 SL:1960 TP1:1972 TP2:1978
OANDA:XAUUSD
by ActuaryJ
XAUUSD:20/10 Today’s Trading StrategyGold opened in early trading and continued to rise. The high reached 1982. In the short term, it touched the previous high point in July. It was originally expected that this trend would be a rise and fall yesterday. The reason for the current rise and fall in this area is also based on the structure of this rise. I think It is close to starting the adjustment mode. On the market, the pressure on the early pressure retracement point of the 1990 area is obvious, so this area gradually begins to bear a bearish view. The short-term support point below focuses on the 1950-1960 range of yesterday's intensive trading area. The market once again returned to the early period of 1940 to 1985 area shocks. On Wednesday, there was a 2 billion large order in the 1962 area. After a roller coaster break, it showed that the bulls continued to rise after washing the market again. Then the top-bottom switch today's early trading 1962 is the long area. Of course, the pressure is now at 1985 To the 1990 area, if there is a breakthrough here, there is a high probability that the 2000 point will be touched. ​ Trading will be closed after Friday today, and there will be another two-day news vacuum period, which can push up risk aversion at any time. Gold and crude oil rose simultaneously in the middle of the night yesterday, indicating that the market's risk aversion is still there, so now there is a great risk in pursuing the long position in 1980. Today's short-term operation of gold will focus on the 1985-1987 first-line resistance in the upper part, and the 1960 first-line support in the lower part; BUY:1966~1964 SL:1960 TP1:1972 TP2:1976 SELL:1984~1986 SL:1990 TP1:1976 TP2:1972
OANDA:XAUUSDShort
by ActuaryJ
GOLD ( XAUUSD ) Long Term Buying Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
TVC:GOLDLong
by ForexPlanet20
GOLDUpcoming Week's Gold Market Analysis As you can observe from the chart, Gold is currently undergoing a pattern of five waves, indicating an impulse-correction sequence. Having closely monitored its ascent in line with our analysis, it's evident that Gold is displaying signs of weakening. A correction phase is essential before it can resume its upward trajectory. Our skilled traders are diligently identifying the optimal entry points for our valued clients. Don't miss out on the chance to benefit from our trading expertise this week. Join us to seize this opportunity! Note: All our trade insights are provided entirely free of charge.
OANDA:XAUUSD
by oraclpips
XAUUSD: 19/10 Today’s Trading StrategyGold prices experienced a strong rise yesterday, stimulated by risk aversion due to the possible expansion of the Palestinian-Israeli conflict. Gold soared nearly $40 during the trading day, hitting a high of 1962.5, before pulling back slightly. At the final close, gold closed up 1.28% at 1947.81. The daily line reached a maximum of 1962.9, and then began to consolidate under the influence of Bollinger's upper track pressure, and finally closed at 1947.4. However, the closing positive line indicates that the market is expected to continue to rise, and technically there is continued bullish demand. The 4-hour chart shows the market's unilateral rise in heavy volume, relying on the mid-track rise, and has not yet retreated and corrected. The current rate of increase is beginning to slow down, and may turn into a shock-type increase next. A direct rise indicates that the market is strong, has greater impact, and has better continuity. As the rally progresses, higher prices are bound to face greater resistance. Market adjustments and shocks are inevitable. At this time, the trader needs to have good market reading skills. The current support is around 1940, any pullback should be viewed as aggressively bullish and continue to focus on new highs. Regarding gold’s operating ideas, it is recommended to focus on long positions, with bullish calls on lows; the upper suppression point is 1968-1976. The important short-term resistance at the top is located at the 1975-1987 line, and the important short-term support at the bottom is at the 1940-1943 line. SELL:1942~1944 SL1938 TP1:1952 TP2:1958 SELL:1969~1972 SL:1976 TP1:1964 TP2:1958
OANDA:XAUUSD
by ActuaryJ
2
How to trade gold if the Gaza war escalates?Where does gold go if the Gaza war escalates and are downside targets for gold pointless to think about right now? Perhaps it is prudent to think about some short-term retracements, but it does appear that the war will escalate or at least tensions remain heightened for quite some time, which is bullish for gold. The latest event that could escalate the Gaza war is the blast at the Al-Ahli hospital in Gaza City that is said to have killed 500 people. Initially attributed to Israel, it is now looking more likely that it was caused by a rocket misfired from within Gaza. This was echo by U.S. President Joe Biden during his visit to Tel Aviv on Wednesday where he also pledged U.S. solidarity with Israel. Gold has already risen by more than $120 since the October 7th attack, and around $80 since last Friday. RSI is above the midpoint for most timeframes, but this indicator’s accuracy might be compromised considering the wider geopolitical context. $1,960 is the obvious upside target to be cleared, and then we might want to simply look at physiological levels rather than technical levels considering the unprecedented nature of the events that might be driving the gold price right now.
BLACKBULL:XAUUSD
by BlackBull_Markets
XAUUSD: 18/10 Today’s Trading StrategyFrom a general perspective, gold is undoubtedly still in an upward trend. Under the influence of the Palestinian-Israeli conflict, the market has also formed a strong V-shaped reversal, and the magnitude of the reversal has broken through the upper track of the downward channel. On the surface, this is A very strong upward structure, but since last Friday’s unilateral increase of more than 50 US dollars has consumed most of the demand, the shock and upward trend will continue in the short term. It is worth noting that the increase is close to the daily high line, and it is also in the previous band. The high point is parallel to the pressure point, so the focus of pulling up again is to pay attention to the strong pressure in the 1948-1950 range above in the early stage. Only after a breakthrough will a complete strong pull be formed, otherwise the price will fall back again to test the effectiveness of the support below. ! The current Asian market has begun to rise strongly, so it is no longer appropriate to chase higher in the short term. The 4-hour level of 1930 has become the first low point in the short term, and is currently oscillating upward to form a second low point. If the short term goes back again, it will be verified that the lower 1930 After the nearby support is effective, you can consider going long again and do the third stage of the rise, which is the triple top structure of the small-level shock trend. If the third stage of the rise happens to be blocked at 1948-1950, you may experience shocks. , then it will no longer be suitable for any chasing long transactions, and will even gradually go short. At that time, we will make a detailed analysis of the specific situation. Short-term trading will temporarily remain low and long above 1930, and the price will continue to rise. The upper focus will be on 1948- 1950 important pressure SELL:1945~1948 SL: 1952 TP1:1940 TP2:1934 BUY:1930~1933 SL:1926 TP1:1938 TP2:1944
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD:16/10 Today’s Trading StrategyLooking at the 4-hour chart, the big positive line rose strongly in the 4 hours, and the trend was dominated by bulls; the stochastic indicator was in the golden cross state, mainly bullish signals; MACD double lines were upward, mainly bullish signals; but after the big positive line, the rise attenuated ; Therefore, after the big positive line, there will be short-term adjustments in the short-term during the day. Combined with the suppression position above and below 1935, the short-term will fall back; the strong support position for the fall is here 1900-1885; For intraday trading, look at the short-term suppression of 1935-1940; the suppression of the trend line can be suppressed to some extent; the lower support position in the short-term is 1920-1910-1900; it is recommended that the intraday line should be based on the range of 1900-1930, sell high and buy low; in the later period, On the whole, the suppression of breaking through 1935 is still a high probability. In today’s short-term operation of gold, it is recommended to mainly go long at low levels, and then consider rebounding and short at high levels; BUY:1906~1908 SL:1902 TP1:1913 TP2:1920 BUY:1895~1897 SL:1891 TP1:1905 TP2:1912
OANDA:XAUUSD
by ActuaryJ